The Strategic Management Process

The strategic management process involves analyzing organisational capabilities and resources. It includes a SWOT analysis to assess an organisation’s strengths and weaknesses, as well as external forces and opportunities. The main goal of the SWOT

The Fundamental Principles of Lean Management

The fundamental principles of Lean management are simple: create a continuous flow of value and eliminate waste. This means that you should analyze your process from start to finish, eliminating steps that do not create

The Importance of Management

The study of management focuses on how an organisation can achieve its objectives by enhancing its productivity, efficiency and effectiveness. The goal of management is to utilize the factors of production efficiently and effectively to